FY2023-2024 Budget Work Sessions and Approved Budget

On June 20, the King George County Board of Supervisors approved the fiscal year 2023-2024 budget, as well as the 2023 tax rates.

The balanced budget for FY 23-24 is $115,383,854, with 54.59 percent of expenditures allocated to public schools and 45.41 percent allocated to general government. Revenues are budgeted to be received from local, state and federal sources, with 1.65 percent utilized from the fund balance. 

This budget cycle includes funding for seven new positions across four departments—three positions in Fire, Rescue and Emergency Management, one in the Sheriff’s Office, two in Parks and Recreation, and one in General Properties. The budget also includes competitive adjustments in salary for school employees and cost of living adjustments for county employees. 

Details on the budget can be found below.

This year’s tax rates are as follows:

• Real Property              $0.68 per $100 of assessed value,
• Mobile Homes             $0.68 per $100 of assessed value,
• Personal Property       $3.25 per $100 of assessed value and
• Machinery & Tools      $2.50 per $100 of assessed value.

Bills are estimated to be billed by mid-July with an estimated due date of mid-August. Stay tuned for an update with exact dates in the coming weeks. 

For more information on tax rates, please contact the Commissioner of Revenue at 540-775-4664. 

For more information on tax bills, please contact the Treasurer at 540-775-2571.

Budget & Tax Rates Graphics (PDF)